US oil rose 7% cumulative January tired cloth oil rose 3.3%


Tencent securities FRANCISCO February 1 morning news, according to US financial website MarketWatch reported that crude oil futures prices rose on Wednesday, because although the US government data showed crude oil inventories last week, the first increase since 11 weeks, but it also shows gasoline and distillates in the US market (including diesel and heating oil) demand strong, but these stocks of petroleum products also declined, thereby forming a support for oil prices。
New York Mercantile Exchange, March delivery of West Texas Intermediate crude oil (WTI) futures rose 23 cents to $ a barrel, or% in intraday trading below after a barrel of crude oil inventory data $ 6.4。
Throughout January's trading, March contract has risen%。 Earlier, WTI futures prices fell sharply in Tuesday's trading%, to close at $ a barrel, which is the US oil in January only two "back to back down" (that is, two consecutive trading day closing down) one, the reason is that investors are about the prospects of US crude oil production increased fears renewed。
Meanwhile, on London's ICE Futures Europe Brent for March delivery crude oil futures prices also rose 3 cents to close at US dollars a barrel, after the contract expired Wednesday。 In January, overall trading, March contract has risen about%。
That has become the month of April contract settled up 37 cents to $ a barrel, or%。
US Energy Information Administration (EIA) announced earlier on Wednesday reported that, as of January 26 the week crude oil inventories increased 680 million barrels。 In contrast, according to S & P Global Platts Company (S & PGlobalPlatts) survey, analysts on average had expected the weekly crude oil inventories rose million barrels, while the American Petroleum Institute (API) on Tuesday, the report showed crude oil inventories increased 200 million barrels week。 In addition, the report also showed US gasoline inventories fell last week by 200 million barrels, distillates (including diesel and heating oil) inventories decreased by 1.9 million barrels, compared with the S & P Global Platts survey shows that analysts on average expected the company the increase in gasoline inventories 110 million barrels, distillate stocks fell by 1.5 million barrels。 The report also showed that, as of January 26 the week crude oil production increased by b / d, to million barrels / day。
Phillip Futures Group (PriceFuturesGroup), senior market analyst Phil Flynn (PhilFlynn) pointed out that in the past four weeks time, implied gasoline demand and an increase of% compared to the same period last year, while diesel demand grew% this strong demand has supported oil prices。 In other energy trading New York Mercantile Exchange, February delivery RBOB gasoline futures rose%, to close at US dollars per gallon; February delivery heating oil futures prices fell%, to close at US dollars per gallon, two contracts have expired late Wednesday; March natural gas futures prices fell%, to close at US dollars per million British thermal units, down%。 US Energy Information Administration will release last week's natural gas inventory report on Thursday。 (nebula)。